Helping more Rhode Islanders realize their dream of home ownership!
- Up to 100% financing available*
- Matching down payment grants available*
- Great rates on 30-year fixed rate mortgages
- Customizable loans make it affordable for you
- Waived lender fees**
- Closing cost assistance available
Qualify by Income
Total annual income for all borrowers must be at or below $70,000.
Represents 80% of area median income; subject to change.
Short on Down Payment Funds? I Luv RI Community Lending Can Help!
| Down Payment Assistance Grants | Reduced Costs |
|---|---|
| Up to 1.5% matching funds grant | Receive up to $2,500 in closing cost credits |
| Grant funds have no pay-back required | We'll waive our lender fees |
| No strings attached | We'll share the expense of mortgage insurance |
Questions?
To learn more about Washington Trust’s I Luv RI Community Lending program, please contact Steven Larson, Vice President, at 401-348-1200 or sklarson@washtrust.com.
Washington Trust's Commitment
You will receive courteous, professional advice from our team of trusted advisors; a smooth streamlined process with our help every step of the way; an extensive product line to meet your specific life goals; local decision-making and quick closings.
NMLS #414726; Member FDIC; All loans subject to credit approval. Qualified applicant must be at or below 80% of area median income. Borrower(s) must be first-time homebuyers or have no current ownership in any other real estate. Owner-occupied primary residences only. Additional restrictions apply for 2-family residences. *Washington Trust will match up to 1.5% of a 3% downpayment as a non-repaid grant. **Washington Trust will waive the standard underwriting and processing fees.
Please note: This is not a secured e-mail transmission. Please do not send personal or financial information via email.